Funding you earn now, next payment 01:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.066%
Price spread now: MEXC against GMX−0.103%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.103% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX OKB/USD [ETH-USDC] | 123.05 | L +0.0269% / S −0.0266% | pay 0.0034% / 1h | 49m 50s | $3K | — | 100x |
| Short | MEXC OKB_USDT | 122.92 | 0.0100 | get 0.0050% / 4h | 3h 49m | $1.2M | $465K | 25x |
GMX OKB/USD [ETH-USDC]
MEXC OKB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$35.52
- Price spread: −0.103% → 0.000%
- −$10.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61.83
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 6 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 6 min ago | 0.41 bp | 4.1 bp −$4 | 20.4 bp −$204 | 175.5 bp −$17.5K | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
OKB on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.7849% | 1h | 122.00 | −0.851% | $41K | $14K | 5x | as long as short |
| Injective OKB/USDC PERP | +0.0033% | 1h | 123.18 | +0.108% | $25 | $306K | 5.5x | as long as short |
| BingX OKB-USDT | +0.0036% | 4h | 122.97 | −0.063% | — | $2.8M | — | as long as short |
| Gate OKB_USDT | +0.0083% | 8h | 122.99 | −0.046% | $1.5M | $593K | 25x | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 123.03 | −0.014% | $2.6M | $972K | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 122.92 | −0.103% | $29.8M | $41.8M | 20x | as long as short |
| MEXC OKB_USDTshort | +0.0100% | 4h | 122.92 | −0.103% | $1.2M | $465K | 25x | |
| Variational Omni OKB | +0.0100% | 4h | 122.93 | −0.098% | $61K | $33K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.30 | +0.206% | $67K | $282K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC]long | L +0.0269% / S −0.0266% | 1h | 123.05 | long leg | $3K | — | 100x |
Aster OKBUSDT
Injective OKB/USDC PERP
BingX OKB-USDT
Gate OKB_USDT
Bybit OKBUSDT
OKX OKB-USDT-SWAP
Variational Omni OKB
HTX OKB-USDT